I have a template worksheet that I am trying to use a macro to set passwords
to protect:
1) the workbook level to allow only employee access
2) the worksheet level to protect formulas from being overwritten and limit
access to myself

The attached macro saves the template as a separate filename and tries to
accomplish the objectives listed above. But when I go into the saved
worksheet, only the workbook is protected. The worksheet isn't. What am I
doing wrong?

Sheets("Selections1").Select
ActiveSheet.Protect DrawingObjects:=True, Contents:=True,
Scenarios:=True, Password:="PASSWORD1"
Sheets("Selections2").Select
ActiveSheet.Protect DrawingObjects:=True, Contents:=True,
Scenarios:=True, Password:="PASSWORD1"
myFileName = Sheet8.Range("D2").Value & Sheet8.Range("B2").Value
ActiveWorkbook.SaveAs Filename:="V:\Selections\Jobs\" & myFileName &
".xls", _
FileFormat:=xlNormal, Password:="PASSWORD2", WriteResPassword:="", _
ReadOnlyRecommended:=False, CreateBackup:=True